Hermes launches post referendum Glasgow office sale

Hermes has launched the sale of a prominent Glasgow office block following the no-vote in September’s independence referendum. The fund manager has instructed FG Burnett to seek offers for 151-155 Vincent Street in excess of £27m. The 73,610 sq ft fully let office block is on the corner of St Vincent Street and West Campbell Street. Tenants include Network Rail and Skyscanner. Hermes has completed a major refurbishment of the building. FG Burnett director Ewen White said: “This is the first sale of institutional product in Scotland since the referendum and after six months of relative inactivity, the transaction will act as a bellwether for the Scottish investment market.” amber.rolt@estatesgazette.com